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Tweens and Teens
Reply to "Anything wrong with buying your teen an nice car? ($40,000 and up)"
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[quote=Anonymous]Not in our world. Our kids each got a car the summer before their junior years of high school. The cars were under $10,000 and at least five years old. That kept insurance costs down. They were thrilled with their cars! Once they graduated from college and bought their own new cars, they were very proud of them. I think buying kids a brand new expensive car in high school robs them of the excitement of working for and purchasing their first new car. Also, we try really hard to avoid falling into the trap of giving our kids everything they want. Our kids are college and beyond and unfortunately we've seen too many sad life choices in kids who had overindulging parents. [/quote]
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